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Gold/Mining/Energy : At a bottom now for gold? -- Ignore unavailable to you. Want to Upgrade?


To: Bo Bob Brain who wrote (1072)1/24/1998 1:50:00 PM
From: Bobby Yellin  Read Replies (1) | Respond to of 1911
 
I have a theory about the self destruct mechanism that works in offsprings of abusive families..on the one hand they are real
control freaks since they grew up incredibly tense and explosive
homelife..they are forever trying to control the uncontrollable to
bring a little security in their lives..ie WJC..what better way
to control than to become president of one of the most powerful
countries in the world.. then they attract even stronger control
freaks..who have the herculean task of controlling the loose cannon..
(usually the non emotional type or cold type who might be putting
themselves in a situation so they can at least feel some emotion.
..but the otherside of the coin, their need for control is overridden
by their desire to just let go..there comes the self destruct mechanism..they are forever setting up situations for complete
failure so they just be let go or to be found out "that they are
just little kids at heart in an overwhelming situation which they
have usually created to replicate the past..
What a tragedy..
I was really outraged last night when some journalist said that at
all costs we have to look out for the welfare of the United States..
gee..I finally think we are looking out for the welfare of the United
States and are finally getting back on track to true values..rather
than material perks..
Anyways Patterson just bought an oil rig company..with all the gloom
and doom about oil..do you think they know something we don't..
Have a feeling the DOW didn't tank big time because investors are
expecting Europe to help pull the engine and a lot of high tech
stocks have been coming out with good earnings and good projections
and Microsoft will release 98, the last time I heard, within the
year which also should lead tech stocks back..I guess if dollar keeps
falling, foreigners will get out to save capital gains in currency
or else get in more thinking after crisis dollar might resume..what
is your guess?
Also I find it curious that people say that since gold is denominated
in gold, now that the dollar dropped, gold is cheaper..Am I missing
something? Did the dollar drop that much to have a rise of $9?
Aren't they buying more expensive gold for the most part? Also if
they see continued weakness in dollar because of government being
focussed elsewhere wouldn't they have waited for gold to drop more
in price?
At least I can look forward to reading your comments which always
seem to be right on the mark(no pun,maybe a little)
have a great weekend..
drowning in javascript



To: Bo Bob Brain who wrote (1072)1/26/1998 10:35:00 PM
From: brian krause  Read Replies (1) | Respond to of 1911
 
When you see the gold price turn to the upside at closeing out of the U.S. market is when the break starts.

It is all in the hands of the U.S dollar till then?